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Bands and Channels

Nube EMA + Múltiples KCThis indicator, named "EMA Cloud + Multiple KC", combines two technical analysis tools on your TradingView chart: EMA Trend Cloud: It uses three Exponential Moving Averages (10, 24, and 50 periods) to create a visual "cloud." The color of the cloud (green for bullish, red for bearish) indicates the primary trend direction, and its width can suggest volatility or trend strength. Multiple Keltner Channels: It overlays three pairs of Keltner Channels (with configurable ATR multipliers of 1.0, 2.0, and 3.0 by default) around a central EMA. The upper bands are red, and the lower bands are green. These channels help identify dynamic support and resistance levels, potential trend extensions, and overbought/oversold zones where reversals might occur. Together, the indicator provides a comprehensive view of the trend, volatility, and potential turning points in an asset's price.
Pine Script® indicator
by alexsaul
SuperTrend Channel+SuperTrend Channel+ is an advanced trend-following indicator designed to help traders identify dynamic support and resistance levels in any market. Building on the popular SuperTrend concept, this channel version plots both the lower (support) and upper (resistance) bands continuously, providing a clear visual channel that highlights the prevailing trend while offering potential reversal points. Key Features: Dynamic Channel Visualization: Always displays both support and resistance lines. The active trend line (support in uptrends, resistance in downtrends) is colored for easy identification (green for up, red for down, yellow during unconfirmed periods), while the inactive line appears in gray. Trend Signals: Plots buy and sell signals with optional labels ("Buy"/"Sell") when the trend reverses, helping you spot entry opportunities. Background Highlighting: Optional highlighter fills the area between the median price and the active trend line in green (uptrend) or red (downtrend) for better trend visibility. Customizable ATR Calculation: Choose from multiple averaging modes to suit your strategy, with adjustable period, multiplier, and outlier filtering. Confirmation Mechanism: Delays trend reversals until a specified number of bars confirm the break, reducing false signals. Alerts: Built-in conditions for warnings, reversals, uptrends, and downtrends, ready to integrate with TradingView alerts. Input Settings: Average True Range Group: Mode: Select the averaging method (SMA, EMA, WMA, VWMA, VAWMA) for ATR computation. Period: Number of bars for ATR (default: 120). Multiplier: Factor to widen the channel (default: 3.0, step 0.5). Max Deviation: Cap extreme true range values to filter outliers (default: 0, no filtering). Confirmation Group: Closed Bars: Bars required to confirm a trend reversal (default: 2, min: 0). Display Group: Show Buy/Sell Signals: Toggle signal labels (default: false). Highlighter On/Off: Enable/disable background fill (default: true). How to Use: Add the indicator to your chart and adjust inputs based on your timeframe and asset. In an uptrend, watch for price bouncing off the green support line toward the gray resistance as potential take-profit levels. In a downtrend, the red resistance acts as a ceiling, with the gray support as a floor. Use signals for entries and set alerts for timely notifications. Ideal for trend trading, scalping, or combining with other indicators like oscillators for confluence. This indicator aims to provide a robust, user-friendly tool for trend analysis—experiment with settings to optimize for your trading style! If you find it helpful, consider leaving a like or feedback.
Pine Script® indicator
by mattcripto
GSR-MINI BandsGSR-Mini Bands are an indicator that aims to address the shortcomings of GSR Bands by reducing the number of bands to just three, which are 0, -0.3, -0.7, and -1. These points are where volatility will form its famous peak, and therefore where the market will reach its minimum value. This indicator should be used as a complement to GSR Bands, and both should be analyzed in conjunction with the Yanirax model to efficiently detect market lows. The indicator is designed to be used on daily candles; however, it can also be used on 1-minute candles, yielding good results for detecting daily market lows.
Pine Script® indicator
by Gap_Raul
Smart Money Breakout Channels [AlgoAlpha]🟠 OVERVIEW This script draws breakout detection zones called “Smart Money Breakout Channels” based on volatility-normalized price movement and visualizes them as dynamic boxes with volume overlays. It identifies temporary accumulation or distribution ranges using a custom normalized volatility metric and tracks when price breaks out of those zones—either upward or downward. Each channel represents a structured range where smart money may be active, helping traders anticipate key breakouts with added context from volume delta, up/down volume, and a visual gradient gauge for momentum bias. 🟠 CONCEPTS The script calculates normalized price volatility by measuring the standard deviation of price mapped to a scale using the highest and lowest prices over a set lookback period. When normalized volatility reaches a local low and flips upward, a boxed channel is drawn between the highest and lowest prices in that zone. These boxes persist until price breaks out, either with a strong candle close (configurable) or by touching the boundary. Volume analysis enhances interpretation by rendering delta bars inside the box, showing volume distribution during the channel. Additionally, a real-time visual “gauge” shows where volume delta sits within the channel range, helping users spot pressure imbalances. 🟠 FEATURES Automatic detection and drawing of breakout channels based on volatility-normalized price pivots. Optional nested channels to allow multiple simultaneous zones or a clean single-zone view. Gradient-filled volume gauge with dynamic pointer to show current delta pressure within the box. Three volume visualization modes: raw volume, comparative up/down volume, and delta. Alerts for new channel creation and confirmed bullish or bearish breakouts. 🟠 USAGE Apply the indicator to any chart. Wait for a new breakout box to form—this occurs when volatility behavior shifts and a stable range emerges. Once a box appears, monitor price relative to its boundaries. A breakout above suggests bullish continuation, below suggests bearish continuation; signals are stronger when “Strong Closes Only” is enabled. Watch the internal volume candles to understand where buy/sell pressure is concentrated during the box. Use the gauge on the right to interpret whether net pressure is building upward or downward before breakout to anticipate the direction. Use alerts to catch breakout events without needing to monitor the chart constantly 🚨.
Pine Script® indicator
by AlgoAlpha
18
MACD + TSI 交易信号指标 by kuaileya MACD kuaileya VX kale1668 title="🚀 强势买入信号", message="🚀 {{ticker}} 强势买入信号！价格：{{close}} | MACD和TSI同时确认多头趋势") alertcondition(strongSell and showAlerts, title="💥 强势卖出信号", message="💥 {{ticker}} 强势卖出信号！价格：{{close}} | MACD和TSI同时确认空头趋势") alertcondition(normalBuy and showAlerts, title="📈 买入信号", message="
Pine Script® indicator
by kuaileya
GSR BandsThe maximum values taken by an implied volatility index, such as the VIX, V-DAX NEW, or CBOE Crude Oil Volatility Index, and in general the implied volatility index of any financial asset, tend to coincide with the minimum prices experienced by that market. This indicator, called the GSR Bands, aims to offer a proven methodology for detecting peaks in implied volatility and, therefore, minimum market prices. By using the opening gaps of a volatility index and adding or subtracting the Fibonacci series and prime number series to these, it is possible to determine the minimum market prices for a multitude of assets. The indicator allows you to select those values from the Fibonacci series or prime number series that best fit the series and therefore tend to replicate quite well throughout the historical series of the asset being analyzed. It is recommended to use this indicator in conjunction with the Yanirax indicator applied to the asset whose lows are to be traded, for example, using the GSR Bands on the V-DAX NEW and the Yanirax model on the DAX40 future and spot.
Pine Script® indicator
by Gap_Raul
IVRS 5.0Unlock smarter trading decisions with IVRS 5.0, a cutting-edge indicator designed for Pine Script users. IVRS 5.0 offers enhanced insights into price action and momentum shifts, giving you early warnings of trend reversals and optimal entry/exit points. Built with the latest algorithmic techniques, this premium tool is ideal for traders seeking both reliability and innovation. Key Features: Sophisticated reversal detection logic for timely buy/sell signals. Dynamic adaptability for all chart timeframes and asset classes. Clean, customizable visualization to match your trading style. Optimized performance, ensuring seamless integration into your workflow. Take your chart analysis to the next level with IVRS 5.0 — elevate your trading with precision and confidence!
Pine Script® indicator
by finlabventure
1
EMA Crossover Visual Setup (RS Clásico Confirmado)Overview This script is designed to visually highlight classic swing trading setups based on the crossover of exponential moving averages (EMAs), with additional confirmation using Relative Strength (RS) compared to a benchmark asset (e.g., SPY). The goal is to identify bullish momentum shifts that align both with technical structure (EMA crossover) and relative outperformance, helping traders focus on strong stocks in strong markets. Logic A signal is triggered when the following conditions are met: The fast EMA (e.g., 10) crosses above the slow EMA (e.g., 20). The closing price is above a third EMA (e.g., 50) to confirm bullish structure. The asset's Relative Strength (RS) versus a benchmark is confirmed manually, based on an RSI comparison (not calculated inside the script). The script is meant to be used alongside manual RS confirmation, using a secondary chart or overlay of the RS ratio. Features Visual labels and markers for clean charting of valid entry setups Fully customizable EMA lengths Optional highlighting of candle patterns near entry Ideal for use with top-down analysis and watchlist filtering Suggested Use Works best on daily and 4H charts for swing trading setups Combine with volume and price action analysis for higher probability trades Use manual RS validation: confirm that the RSI of the selected stock is stronger than the RSI of SPY (or any benchmark of your choice) Notes This script does not execute trades or include stop loss/take profit logic, as it is intended for discretionary traders who want to visually scan for opportunities. It also does not calculate RS internally, allowing flexibility in how you define strength (RS line, RSI comparison, or price ratio).
Pine Script® indicator
by elthonsierra
Super-Elliptic BandsThe core of the "Super-Elliptic Bands" indicator lies in its use of a super-ellipse mathematical model to create dynamic price bands around a central Simple Moving Average (SMA). Here's a concise breakdown of its essential components: Central Moving Average (MA): A Simple Moving Average (ta.sma(close, maLen)) serves as the baseline, anchoring the bands to the average price over a user-defined period (default: 50 bars). Super-Ellipse Formula: The bands are generated using the super-ellipse equation: |y/b| = (1 - |x/a|^p)^(1/p), where: x is a normalized bar index based on a user-defined cycle period (periodBase, default: 64), scaled to range from -1 to +1. a = 1 (fixed semi-major axis). b is the volatility-based semi-minor axis, calculated as volRaw * mult, where volRaw comes from ta.stdev, ta.atr, or ta.tr (user-selectable). p (shapeP, default: 2.0) controls the band shape: p = 2: Elliptical bands. p < 2: Pointier, diamond-like shapes. p > 2: Flatter, rectangular-like shapes. This formula creates bands that dynamically adjust their width and shape based on price volatility and a cyclical component. enjoy....
Pine Script® indicator
by TEDCORP2
Flexi MA Heat ZonesOverview Flexi MA Heat Zones is a powerful multi-timeframe visualization tool that helps traders easily identify trend strength, direction, and potential zones of confluence using multiple moving averages and dynamic heatmaps. The indicator plots up to three pairs of customizable moving averages, with color-coded heat zones to highlight bullish and bearish conditions at a glance. Whether you're a trend follower, mean-reversion trader, or looking for visual confirmation zones, this indicator is designed to offer deep insights with high customizability. ⚙️ Key Features 🔄 Supports multiple MA types: Choose from EMA, SMA, WMA, VWMA to suit your strategy. 🎯 Six moving averages: Three MA pairs (MA1-MA2, MA3-MA4, MA5-MA6), each with independent lengths and colors. 🌈 Heatmap Zones: Dynamic fills between MA pairs, changing color based on bullish or bearish alignment. 👁️‍🗨️ Full customization: Enable/disable any MA pair and its heatmap zone from the settings. 🪞 Transparency controls: Adjust the visibility of heat zones for clarity or stylistic preference. 🎨 Color-coded for clarity: Bullish and bearish colors for each heat zone pair, fully user-configurable. 🧩 Efficient layout: Smart use of grouped inputs for easier configuration and visibility management. 📈 How to Use Use the MA1–MA2 and MA3–MA4 zones for longer-term trend tracking and confluence analysis. Use the faster MA5–MA6 zone for short-term micro-trend identification or scalping. When a faster MA is above the slower one within a pair, the fill turns bullish (user-defined color). When the faster MA is below the slower one, the fill turns bearish. Combine with price action or other indicators for entry/exit confirmation. 🧠 Pro Tips For trend-following strategies, consider using EMA or WMA types. For mean-reversion or support/resistance zones, SMA and VWMA may offer better zone clarity. Overlay with RSI, MACD, or custom entry signals for higher confidence setups. Use different heatmap transparencies to visually separate overlapping MA zones.
Pine Script® indicator
by jochacko11
Intelligent Moving📘 Intelligent Moving – Adaptive Neural Trend Engine Intelligent Moving is an invite-only, closed-source indicator that dynamically adjusts itself to evolving market conditions using a built-in neural optimizer. It combines a custom adaptive Moving Average, ATR-based deviation bands, and a fully internal virtual trade simulator to deliver smart trend signals and automatic parameter tuning — all without repainting or manual intervention. This script is built entirely from original code and does not use any open-source components or built-in TradingView indicators. 🧠 Core Logic and Visual Structure The indicator plots: - A central moving average (optimized dynamically), - Upper and lower deviation bands based on ATR × adaptive coefficients, - Buy (aqua) and Sell (orange) arrows on reversion signals, - Color-coded trend zones based on price vs. moving average. All three bands change color in real time depending on the price’s position relative to the MA, clearly showing uptrends (e.g. blue) and downtrends (e.g. red). 📈 Signal Logic: Reversion from Extremes - Buy Signal: After price closes below the lower deviation band, it then closes back above it. - Sell Signal: After price closes above the upper deviation band, it then closes back below it. These signals are not based on crossovers, oscillators, or lagging logic — they are pure structure-based reversion entries, designed to detect exhaustion and reversal zones. 🤖 Built-In Neural Optimizer (Perceptron Engine) At the heart of Intelligent Moving lies a self-training engine that uses simulated (virtual) positions to test multiple configurations and pick the best one. Here’s how it works: 🔄 Virtual Trade Simulation At regular intervals (user-defined), the script: - Simulates virtual buy/sell positions based on its signal logic. - Applies virtual Stop-Loss (just beyond the signal zone) and virtual Take-Profit (when price crosses back over the MA). - Calculates simulated profit for each combination of: - - MA periods, - - Upper/lower ATR multipliers. 🧠 Neural Training Process - A perceptron-like engine evaluates the simulated results. - It selects the best-performing configuration and applies it to live plotting. - You can choose whether optimization uses a base value or the last best result from the previous training pass. This process runs forward-only and never overwrites history or uses future data. It's completely transparent and non-repainting. ⚙️ Customization and Parameters Users can control: - MA period range, step, and training type (base vs last best) - Deviation multiplier ranges and step - Training depth (number of bars in history) - Training interval (how often to retrain) - Spread simulation, alert options, and all visual settings 💡 What Makes It Unique - ✅ Self-optimization with virtual trades and perceptron logic - ✅ Adaptive deviation bands based on ATR (not standard deviation) - ✅ No built-in indicators, no repaints, no curve-fitting - ✅ Clear trend zones and reversal signals - ✅ Optimized for live use and consistent behavior across assets Unlike typical moving average tools, Intelligent Moving thinks, adapts, and reacts — turning a standard concept into a living, learning trend engine. 📊 Use Cases - Trend detection with adaptive coloring - Reversion trading from volatility extremes - Dynamic strategy building with minimal manual input - Alerts for automated or discretionary traders 🔒 Invite-Only Notice This script is invite-only and closed-source. The optimization logic, trade simulation system, and perceptron engine were developed from scratch, specifically for this indicator. No built-in functions (e.g. MA, BB, RSI) or public scripts were used or copied. All decisions and calculations are based on current and past price only — no repainting, retrofitting, or future leakage. ⚠️ Disclaimer This indicator is for educational and analytical use only. It does not predict future prices or guarantee profits. Always use appropriate risk management and test thoroughly before live trading.
Pine Script® indicator
by trdngclbsmn
Double Fractal Entry📘 Double Fractal Entry – Original Structure-Based Entry System Double Fractal Entry is a proprietary indicator that uses dynamic fractal structure to generate actionable buy/sell signals, with automatic Stop-Loss and Take-Profit placement. Unlike classic fractal tools or ZigZag-based visuals, this script constructs real-time structural channels from price extremes and offers precise entry points based on breakout or rejection behavior. It is designed for traders who want a clear, structured approach to trading price action — without repainting, lagging indicators, or built-in oscillators. 🧠 Core Logic This script combines three custom-built modules: 1. Fractal Detection and Channel Construction - Fractals are detected using a configurable number of left/right bars (sensitivity). - Confirmed upper/lower fractals are connected into two continuous channels. - These channels represent real-time structure zones that evolve with price. 2. Entry Signal Logic You can choose between two signal types: - Breakout Mode – Triggers when price breaks above the upper fractal structure (for buys) or below the lower one (for sells). - Rebound Mode – Triggers when price approaches a fractal channel and then rejects it (forms a reversal setup). Each signal includes: - Entry arrow on the chart - Horizontal entry line - Stop-Loss and Take-Profit lines 3. SL/TP Calculation Unlike tools that use ATR or fixed values, SL and TP are dynamically set using the fractal range — the distance between the most recent upper and lower fractals. This makes the risk model adaptive to market volatility and structure. 📊 Visuals on the Chart - 🔺 Green/Red triangle markers = confirmed fractals - 📈 Lime/Red channel lines = evolving upper/lower structure - 🔵 Blue arrow = signal direction (buy/sell) - 📉 SL/TP lines = dynamically drawn based on fractal spacing - 🔁 Signal history = optional, toggleable for backtesting ⚙️ Settings and Customization - Fractal sensitivity (bars left/right) - Entry mode: Breakout or Rebound - SL and TP multiplier (based on fractal range) - Visibility settings (signal history, lines, colors, etc.) 💡 What Makes It Unique This is not just a variation of standard fractals or a ZigZag wrapper. Double Fractal Entry was built entirely from scratch and includes: - ✅ A dual-channel system that shows the live market structure - ✅ Entry signals based on price behavior around key zones - ✅ Volatility-adaptive SL/TP levels for realistic trade management - ✅ Clean, non-repainting logic for both manual and automated use The goal is to simplify structure trading and provide precise, repeatable entries in any market condition. 🧪 Use Cases - Breakout mode – Ideal for trend continuation and momentum entries - Rebound mode – Great for reversals, pullbacks, and range-bound markets - Can be used standalone or combined with volume/trend filters 🔒 Invite-Only Notice This is an invite-only script with a fully closed source. All logic is original and developed by the author. It does not use or copy public open-source scripts, built-in indicators (RSI, MA, etc.), or repainting tricks. The entire entry and risk system is based on custom structural logic built from real-time price action. ⚠️ Disclaimer This tool is intended for technical analysis and educational use. It does not predict future market direction and should be used with proper risk management and strategy confirmation.
Pine Script® indicator
by trdngclbsmn
Support/Resistance MTF Merge ZonesIndicator Introduction Support/Resistance MTF Merge Zones is an advanced technical analysis tool that automatically identifies and merges key support/resistance zones by analyzing highs and lows from multiple timeframes (15M, 1H, 4H, Daily). Key Features Multi-Timeframe Analysis: Integrates data from 15M, 1H, 4H, and Daily charts Smart Zone Merging: Automatically consolidates levels within a specified percentage range into unified zones Dynamic Color System: Distinguishes support/resistance zones based on position relative to current price Strength Indication: Highlights zones where multiple levels converge as strong zones Usage Guide Configuration Parameters Lookback Period (10): Period for calculating highs/lows Adjustable range: 5-30 Higher values detect more long-term levels Zone Merge % (0.5): Percentage threshold for zone merging Range: 0.1-2.0% Higher values merge levels across wider price ranges Min Levels for Zone (2): Minimum number of levels required to form a zone Range: 2-5 levels Higher values display only more confirmed zones Box Opacity (7): Transparency level of zone boxes Range: 0-100% Color Scheme Red: Resistance zones above current price Blue: Support zones below current price Orange: Strong zones (3+ merged levels)
Pine Script® indicator
by RUpward
1
Enhanced FVG + BOS & Liquidity Prediction with Alerts### How to use: 1. Add this script to TradingView. 2. Go to the **Alerts** tab. 3. Create new alerts: - Choose **"Enhanced FVG + BOS & Liquidity Prediction with Alerts"**. - Select **"Bullish Reversal Alert"** or **"Bearish Reversal Alert"**. - Set the trigger to **"Once"** or **"Every time"** based on your preference. ### Summary: - The alerts fire when the combined signals (BOS, Liquidity Sweep, trend, candlestick pattern) strongly suggest a reversal. - The **labels** and **shapes** give visual confirmation on your chart.
Pine Script® indicator
by carlosfilipemt
Zone Shift [ChartPrime]⯁ OVERVIEW Zone Shift is a dynamic trend detection tool that uses EMA/HMA-based bands to determine trend shifts and plot key reaction levels. It highlights trend direction through colored candles and marks important retests with visual cues to help traders stay aligned with momentum. ⯁ KEY FEATURES Dynamic EMA-HMA Band: Creates a three-line channel using the average of an EMA and HMA for the midline, and expands it using average candle range to form upper and lower bounds. This band visually adapts to market volatility. float ema = ta.ema(close, length) float hma = ta.hma(close, length-40) float dist = ta.sma(high-low, 200) float mid = math.avg(ema, hma) float top = mid + dist float bot = mid - dist Trend Detection (Band Cross Logic): Detects an uptrend when the Low crosses above the top band. Detects a downtrend when the High crosses below the bottom band. Bars change color to lime for uptrends and blue for downtrends. Trend Initiation Level: At the start of a new trend, the indicator locks in the extreme point (low for uptrend, high for downtrend) and plots a dashed horizontal level, serving as a potential retest zone. Trend Retest Signal: If price crosses back over the Trend Initiation level in the direction of the trend, a diamond label (⯁) is plotted at the retest point — confirming that price is revisiting a key shift level. Visual Band Layout: Midline: Dashed line shows the average of EMA and HMA. Top/Bottom: Solid lines showing dynamic thresholds above/below the midline. These help visualize compression, expansion, and possible breakout zones. Color-Based Candle Plotting: Candles are recolored in real time according to the current trend, allowing instant visual alignment with the market’s directional bias. Noise-Filtered Retests: To avoid repetitive signals, retests are only marked if they occur more than 5 bars after the previous one — filtering out minor fluctuations. ⯁ USAGE Use colored candles to align trades with the dominant trend. Treat dashed trendStart levels as important support/resistance zones. Watch for ⯁ diamond labels as confirmation of retests for continuation or entry. Use band boundaries to assess trend strength and volatility expansion. Combine with your existing setups to validate momentum and zone shifts. ⯁ CONCLUSION Zone Shift helps traders visually capture trend changes and key reaction points with precision. By combining band breakouts with real-time retest signals and trend-colored candles, this tool simplifies the process of reading market structure shifts and identifying high-confluence entry areas.
Pine Script® indicator
by ChartPrime
7
Corys Buy and SellThe Cory’s Buy and Sell indicator is an advanced, all-in-one trading toolkit that combines dynamic trend detection, volatility breakout alerts, and visual EMA strength to help traders confidently identify high-probability buy and sell opportunities. 🔍 Key Features: Adaptive Supertrend Engine Powered by a modified Keltner Channel, this trend-following algorithm generates timely BUY 🚀 and SELL 😡 signals based on market momentum and volatility, with adjustable sensitivity and factor settings for full control. EMA Energy Bands (Optional) A cascade of 15 EMAs (from 9 to 51 periods) visually maps market energy. Colours shift from green (bullish) to red (bearish), showing short- to medium-term trend strength at a glance. Trend Catcher Overlay Highlights major shifts in trend using a fast/slow EMA crossover (10 vs 20 EMA). Bars are coloured to reflect bullish reversals for added confidence. Pullback Signal Detection Identifies bullish pullback opportunities when price reclaims key EMA levels after a crossover, marked with a green triangle for entry timing. Built-in Range Detection System Automatically highlights price consolidation zones using ATR-based logic. When price breaks above or below the detected range, the zone changes colour (green for breakout up, red for breakdown), helping traders spot breakout opportunities. Smart Labels & Alerts Instant BUY/SELL labels on the chart and built-in alert conditions make this indicator suitable for both discretionary and automated trading strategies. ⚙️ Customisable Inputs: Sensitivity (for trend signals) EMA Energy toggle Keltner & ATR Lengths Range Detection parameters and styling Best For: Trend traders, breakout traders, and swing traders looking for a clean, powerful overlay that combines momentum, structure, and volatility in one tool.
Pine Script® indicator
by CoryBeevers
3
Fractal Support and Resistance [BigBeluga]🔵 OVERVIEW The Fractal Support and Resistance indicator automatically identifies high-probability support and resistance zones based on repeated fractal touches. When a defined number of fractal highs or lows cluster around the same price zone, the indicator plots a clean horizontal level and shaded zone, helping traders visualize structurally important areas where price may react. 🔵 CONCEPTS Fractal Points: Swing highs and lows based on user-defined left and right range (length). A valid fractal forms only when the center candle is higher or lower than its neighbors. Zone Validation: A level is only confirmed when the price has printed the specified number of fractals (e.g., 3) within a narrow ATR-defined range. Dynamic Zone Calculation: The plotted level can be based on the average of clustered fractals or on the extreme value (min or max), depending on the user’s choice. Support/Resistance Zones: Once a zone is validated, a horizontal line and shaded box are drawn and automatically extended into the future until new valid clusters form. Auto-Clean & Reactivity: Each zone persists until replaced by a new fractal cluster, ensuring the chart remains uncluttered and adaptive. 🔵 FEATURES Detects swing fractals using adjustable left/right range. Confirms zones when a defined number of fractals occur near the same price. Plots horizontal level and shaded box for visual clarity. Choice between average or min/max logic for level calculation. Distinct color inputs for support (green) and resistance (orange) zones. Adaptive auto-extension keeps valid zones projected into the future. Displays optional triangle markers above/below bars where fractals form. Clean design optimized for structural S/R analysis. 🔵 HOW TO USE Use support zones (from low fractals) to look for potential long entries or bounce points . Use resistance zones (from high fractals) to look for short setups or rejections . Adjust the Fractals Qty to make zones more or less strict—e.g., 3 for higher reliability, 2 for quicker responsiveness. Combine with liquidity indicators or break/retest logic to validate zone strength. Toggle between average and min/max mode to fit your style (average for balance, extremes for aggression). 🔵 CONCLUSION Fractal Support and Resistance offers a robust way to identify hidden levels that the market respects repeatedly. By requiring multiple fractal confirmations within a zone, it filters out noise and highlights clean structural areas of interest. This tool is ideal for traders who want automatic, adaptive, and reliable S/R levels grounded in raw market structure.
Pine Script® indicator
by BigBeluga
2